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Old 19.12.2017, 16:55
ivank ivank is offline
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Re: pillar 1 and Pillar 2 related questions

Quote:
I also determined that it is not possible to contribute to it without being employed, so I guess it will just sit there for a while...
It wouldn't make much sense to contribute to it anyway with a low income

Quote:
However, for the AHV: should I be contributing to that? It is unclear if that is a fund that I can pay into regardless of my employment status.
You're obliged to pay some minimums into it in any case
https://www.svazurich.ch/ne

It's not a fund, it doesn't work like a bank account. They spend your money right away on current pensions rather than invest in something. What you can get eventually paid out is determined by law, can change any time and it ain't much. Only the AHV you've paid on first 86400 Fr of your salary per year for example goes towards building out the pension benefit. With everything above you're essentially sponsoring swiss retirees for free with nothing in return
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